⚠️ WARNING to all short enjoyers
🔥Massive short squeeze could be coming
The suspiciously low funding rates and stagnation near the current price zone does not look good
Short liquidations are way too high. A squeeze could send market to moon 🚀 temporarily.
👉 I closed all my shorts to prevent damage. However I am not going long.
👉 Will do nothing until things blow up and I go back trading.
👉 I still believe $BTC will go to 62k and lower after this short squeeze. In that case, I am just going to short AFTER the short squeeze.
No need to risk a potential green laser which will cause huge loss. In a market where you don't know what is exactly going on, don't trade at all. Staying out is often the best move.
Don't try to dig up opportunities by force when it doesn't exist visibly.. Otherwise you are digging your own grave.
Golden rule of trading: Avoid loss. Missed profits are not losses. Can't win if you lose.